Viking Holdings Ltd (NYSE:VIK) Receives $46.33 Consensus Price Target from Analysts

Shares of Viking Holdings Ltd (NYSE:VIK) have received a consensus recommendation of “Moderate Buy” from the fifteen brokerages that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $46.33.

A number of equities analysts have weighed in on the stock. Citigroup assumed coverage on shares of Viking in a research report on Thursday, December 19th. They set a “buy” rating and a $54.00 price objective for the company. Loop Capital started coverage on shares of Viking in a research report on Tuesday, February 4th. They set a “buy” rating and a $55.00 price target for the company. Morgan Stanley lowered their price objective on Viking from $53.00 to $49.00 and set an “overweight” rating on the stock in a report on Friday, March 21st. Truist Financial increased their target price on Viking from $49.00 to $50.00 and gave the company a “hold” rating in a report on Friday, March 14th. Finally, UBS Group lifted their price target on Viking from $54.00 to $55.00 and gave the stock a “buy” rating in a research note on Tuesday, March 18th.

Viking Stock Up 0.6 %

NYSE:VIK opened at $41.53 on Monday. The stock has a market capitalization of $17.92 billion and a PE ratio of 159.71. Viking has a 52 week low of $25.71 and a 52 week high of $53.14. The stock’s 50-day moving average price is $47.09 and its 200-day moving average price is $43.18.

Viking (NYSE:VIK) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.09. The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.34 billion. The business’s revenue was up 20.5% compared to the same quarter last year. Sell-side analysts expect that Viking will post 1.49 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Avior Wealth Management LLC purchased a new stake in shares of Viking in the third quarter valued at about $27,000. Quarry LP acquired a new stake in shares of Viking during the 4th quarter worth approximately $66,000. Golden State Wealth Management LLC purchased a new stake in shares of Viking during the 4th quarter valued at approximately $73,000. Orion Capital Management LLC acquired a new position in Viking in the fourth quarter valued at approximately $110,000. Finally, New York State Common Retirement Fund purchased a new position in shares of Viking during the 4th quarter worth $119,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

About Viking

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.